AKP proposal accepted: President granted authority to increase or zero out SCT amounts by 10-fold

During the discussion of the omnibus bill in the TBMM General Assembly, a new regulation concerning vehicles was added to the Special Consumption Tax (SCT) Law through a motion submitted by the AKP. The accepted motion paves the way for the application of a minimum specific SCT on passenger cars and certain motorcycles.

According to a report by Cumhuriyet, in the calculation of SCT for passenger cars, the traction system will be taken into account in addition to the engine cylinder volume. Furthermore, for vehicles listed under the 87.03 Customs Tariff Statistical Position (G.T.İ.P.) number, the amount calculated based on the proportional tax cannot be lower than the determined minimum specific tax.

In the text, the minimum specific tax amount was set at 30 thousand TL for L-class vehicles and 100 thousand TL for other vehicles. These amounts will be applied by increasing them each year according to the revaluation rate determined under the provisions of the Tax Procedure Law. Fractions not exceeding 100 TL in the calculated amounts will not be taken into account.

Vehicles excluded from the scope of the regulation were also listed separately in the article. Accordingly, vehicles in the L-class with internal combustion engines, those in the L-class with an electric motor power of less than 4 kW, and T-class vehicles will remain outside the scope of the minimum specific tax application.

With the new article, the President has also been granted the authority to increase the determined amounts, or the amounts increased by the revaluation rate, by up to 10-fold or reduce them to zero based on different criteria.

In the justification for the article, it was recalled that proportional taxation is applied to the vehicle group, and it was stated that the aim is to apply the specific tax practice found in other lists attached to the law to this vehicle group as well. The justification stated that L-class vehicles with an electric motor power of 4 kW and above, as well as other vehicles under the 87.03 G.T.İ.P. number, have been included in the scope of the minimum specific tax.

News Source: 12punto